Prices of China-produced DAP decreased by VND700 (US$0.03) to VND14,800/kg (US$0.70), it said.

The fertilisers price fall in the global market contributed to the decrease of fertilisers price in the domestic market, said the centre.

In 2011, Vietnam needs 9.27 million tonnes of fertilisers for agricultural production, of which local producers provide 5.64 million tonnes and the country has to import the remaining to meet local demand.

Fertiliser plants nationwide currently meet local demand for phosphate fertilisers. The country imports small volume of urea fertiliser from China and all potassium from Belarus.